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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (623893)	8/11/2011 2:35:09 AM
From: Don Hurst	Read Replies (1) of 1576648

Tenchusatsu...>>" Nearly minus 9% GDP "<< That is how bad it was...Maybe you recall how the bottom fell out of the auto market as just one data point. >>" Q4 2008 shrank a whopping 8.9%"<< 2008--2009 Recession... >>" The worst recession since the Depression. The economy shrank in five quarters, including four quarters in a row. Two quarters shrank more than 5%, and Q2 2008 shrank a whopping 8.9%, more than any other recession since the Great Depression. The recession ended in Q3 2009, when GDP turned positive, thanks to economic stimulus spending. The recession was also the longest since the Depression, lasting 18 months. "<< useconomy.about.com

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